NEWSLETTER: Banking Sector – Issue 95

19 November 2021


Welcome to the latest issue of our Banking Sector Newsletter.

In this edition, the Financial Accountability Regime draft bill (FAR Bill) was introduced into the House of Representatives on Thursday, 28 October. The Bill will impose a number of obligations including accountability, key personnel, deferred remuneration and notification obligations.

In other news, the Australian Financial Complaints Authority has announced the appointment of seven Senior Ombudsmen to enhance the efficiency and effectiveness of dispute resolution.

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